The success of a business is usually measured by its profitability, based on the ability of the company to hold costs to the limits defined by competitive selling prices. The costs associated with welding and related processes can readily be approximated for any job when the factors affecting those costs are known and appropriate estimating methods are used. Welding costs must be accurately determined if the estimate is to be used successfully for bidding, for setting prices, or for comparing welded construction to a competing process.
The cost elements of a product are those related to materials, labor, and overhead. Only welding materials such as filler metals, gases, and fluxes are considered in the chapter, and only the labor directly involved in welding is specifically addressed. Thus, information related to base metal costs as well as layout, forming,fitting, and other metalworking is not included. Over-head costs are not addressed in detail in this chapter because the amount of overhead varies from industry to industry, and the method of distributing overhead costs also varies.
AWS ARE-12-2001 pdf download
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